Howmet Aerospace Stock Takes Off as Robust Demand Lifts Earnings
HWMHowmet Aerospace(HWM) Investopedia·2024-07-31 04:36

Key TakeawaysShares of Boeing supplier Howmet Aerospace soared after the company topped quarterly sales and profit expectations.Howmet lifted its full-year guidance, citing travel demand and an aging aircraft fleet as tailwinds for its commercial aerospace division.The company also increased its share repurchase authorization and boosted its dividend. Shares of Howmet Aerospace (HWM) soared Tuesday after the manufacturer of jet engine parts and aluminum wheels for heavy trucks posted better-than-expected s ...